Nymbus announces Turnkey SMB offering for Credit Unions

By Edlyn Cardoza

NYMBUS®, a leading provider of banking technology solutions, recently introduced an SMB launch for Credit Unions. An extension of the company’s launch solution, Nymbus’ latest offering equips credit unions with a lightweight, cost-effective toolbox of technology and services catered specifically to meet the needs of today’s underserved small and medium-sized businesses.

Significant drivers of economic growth, job creation and innovation in the United States (US)—SMBs represent 99.7% of all US businesses and almost half of total private sector employment.

“In 2021, the Nymbus CUSO prioritized a national listening tour to connect and hear from more than 50 credit union leadership teams. One of the critical opportunities we identified from these conversations is that by finding the right solutions to help SMBs thrive, we can support members and our larger communities with greater impact,” said Nymbus CUSO President John Janclaes.

With its complete suite of banking technology, tools and on-demand services, the Nymbus launch has gained tremendous momentum for moving any size financial institution forward. Available to be easily implemented, Nymbus’ newest SMB launch offering is a complete digital solution with business checking, spending accounts, and unsecured business lending running in parallel with existing infrastructures.

“After hearing from the credit union leaders, we moved quickly to create an experienced roundtable of credit union executives and experts to understand the most impactful products and services for SMB members,” furthered Janclaes. “Because speed to market is critical, our team is incredibly proud to now introduce SMB Launch for Credit Unions. Those willing to take the leap and capitalize on this capability for intentional innovation will be rewarded with improved customer satisfaction, higher engagement and deeper, more profitable SMB relationships.”